Core Insights - The total scale of private asset management products by securities and futures institutions reached 12.48 trillion yuan as of the end of July 2025, reflecting a month-on-month increase of 385.84 billion yuan, or 3.19% [1] Group 1: Product Registration and Scale - In July 2025, a total of 1,874 private asset management products were registered, representing a month-on-month increase of 33.95% and a year-on-year increase of 113.44% [2] - The established scale of these products was 105.97 billion yuan, with a month-on-month increase of 93.58% and a year-on-year increase of 95.02% [2] Group 2: Product Types and Investment Categories - The number and scale of existing collective asset management plans were significantly higher compared to other types [3] - Fixed income products accounted for the largest proportion in both number and scale among the four product categories, followed by mixed products in terms of quantity and equity products in terms of scale [4][6] - In July, the average establishment scale of registered collective products was 9.1 million yuan, up 37.83% month-on-month, while single products averaged 2.7 million yuan, up 52.45% month-on-month [5] Group 3: Institutional Types - Securities companies and their subsidiaries had the highest proportion of registered private asset management products in July [7] - The average management scale of private asset management products for securities companies and their subsidiaries was 60.79 billion yuan, with a median of 22.83 billion yuan [8]
中基协：截至7月底证券期货经营机构私募资管业务规模合计12.48万亿元 环比增长3.19%
Zhi Tong Cai Jing·2025-08-29 10:32